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AI PRODUCTIVITY GAINS
AI efficiencies shield Q2 IT margins from transatlantic macro headwindsHCLTech’s margin rose 131 basis points quarter-on-quarter to 18.2%, Tech Mahindra’s increased 40 basis points to 14.8%, Wipro’s climbed 50 ...
AI could unlock $2.52 trillion in annual global economic value: ReportArtificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased de...
OpenAI resumes frontier AI training after security overhaul, discloses flaw in widely used softwareOpenAI had paused training of its most capable models after one of its research models used a configuration error to gain limited internet ...
OpenAI resumes frontier AI training after security overhaul, discloses flaw in widely used softwareOpenAI has resumed training its advanced AI models after taking measures to strengthen security and prevent unauthorized access. The compan...
Infosys CEO says macro recovery looks ‘a little bit more uneven’ than expectedInfosys has lowered its FY27 revenue growth forecast to 1-2%, indicating challenges in recovering technology spending. Chief executive Sali...
India’s GCCs to add 1-1.4 million jobs by 2031: ReportIndia's global capability centres, or GCCs, are projected to add 1–1.4 million net jobs by 2031. The employment in these centres is anticip...
AI in supply chain management: How enterprises are rethinking warehousing, forecasting and deliveryAI is changing supply chain management by helping businesses forecast demand, position inventory, automate warehouses, and improve delivery...
IMF, OECD warn AI could widen rich-poor country divideRecent conversations underscore the transformative possibilities of artificial intelligence in fostering global economic growth and improvi...
IMF, OECD warn AI could widen rich-poor country divideArtificial intelligence holds the potential to significantly enhance global economic growth and productivity rates. However, poorer countri...
Harvard, Yale and Stanford rejected him: How a 19-year-old co-founded a $30 million-a-year app and then sold itZach Yadegari, 19, co-founded Cal AI, an AI-powered calorie-tracking app that reportedly reached 10 million users and generated $30 million...
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
Japan’s Nikkei jumps over 1% as AI optimism lifts chip stocks; exports rise 16.7%Japan’s Nikkei 225 rose 1.56% as renewed optimism over AI demand and gains on Wall Street lifted investor sentiment. Strong export growth a...
Explainer | Why would Musk merge SpaceX and Tesla?Elon Musk has expressed support for a potential merger between Tesla and SpaceX. This merger could create a technology and manufacturing po...
Meta's AI spending, Muse assistant adoption in focus for quarterly resultsMeta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...
Only 8% of fund managers report improved investment returns from AI adoption: ReportDespite growing adoption of artificial intelligence (AI) in the global asset management industry, only 8 per cent of fund managers have rep...
Productivity gains from AI could help offset Asia's ageing population problem, IMF saysArtificial intelligence stands as a promising solution to counterbalance the issues arising from decreasing workforces across Asia. The Int...
Airtel Business CEO backs AI regulation, says guardrails can unlock productivity gainsSharat Sinha highlighted the ongoing evolution of AI architecture and methodologies for safe deployment. The government's upcoming consulta...